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    OFF-MARKET
    Neighborhood centers

    1300 Main St, Carbondale, IL 62901

    273,379 SF
    Property ID
    Property summary
    AI-generated overview

    University Place, located at 1300 E. Main St, Carbondale, IL 62901, presents a unique opportunity for retail businesses seeking high visibility and significant foot traffic. This established strip center boasts a total of 273,379 square feet and offers multiple suites, currently featuring national retailers such as T.J. Maxx, Home Goods, Five Below, and Dollar Tree. Two spaces are immediately available, ranging from a minimum of 2,400 square feet to a maximum contiguous space of 5,064 square feet. A total of 12,464 square feet is currently vacant, providing flexibility for various retail concepts. The center benefits from its strategic location near Southern Illinois University, ensuring a consistent flow of over 30,000 students and drawing customers from a wide radius exceeding 60 miles. Ample parking is available with 1,870 spaces to accommodate customers and employees. This property, situated in Jackson County, Illinois, offers an exceptional opportunity to establish or expand a retail presence in a thriving market with a proven track record of success. The property's established tenant mix and high visibility make it an ideal location for businesses seeking strong returns on investment. Contact us today to learn more about leasing opportunities.

    Property profile
    Verified
    Property type Neighborhood centers
    Total area 273,379 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Barnes & Noble (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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